Sundram Fasteners consolidated net profit rises 157.98% in the March 2021 quarter

Sales rise 53.56% to Rs 1241.47 crore

Net profit of Sundram Fasteners rose 157.98% to Rs 140.78 crore in the quarter ended March 2021 as against Rs 54.57 crore during the previous quarter ended March 2020. Sales rose 53.56% to Rs 1241.47 crore in the quarter ended March 2021 as against Rs 808.47 crore during the previous quarter ended March 2020.

For the full year,net profit rose 10.55% to Rs 359.18 crore in the year ended March 2021 as against Rs 324.89 crore during the previous year ended March 2020. Sales declined 1.64% to Rs 3546.25 crore in the year ended March 2021 as against Rs 3605.21 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales1241.47808.47 54 3546.253605.21 -2 OPM %19.0715.19 -18.7316.45 - PBDT234.10114.07 105 665.39563.09 18 PBT188.9470.22 169 485.70393.17 24 NP140.7854.57 158 359.18324.89 11

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